| T O P I C R E V I E W |
| Robert.dg |
Posted - 26 July 2013 : 19:20:50
Been discharged 3 months ago and Accountant in Bankruptcy wants half the equity from my shared house. Since the date of bankruptcy my wife has been paying all of the mortgage and extended the house from her own money. I have been told that she could have a counter claim against the AiB for half the mortgage payments and half the cost of the extension, which would in effect mean she could buy my share of the equity for substantially less than the AiB's figure. Has anyone got any experience or comment on this? |
| 4 L A T E S T R E P L I E S (Newest First) |
| Viki.W |
Posted - 28 July 2013 : 08:48:11
Hi Robert,
Are you paying an IPA? If you are, then make sure you tell them of any changes. Make a note of when you have spoken to them and send any details recorded delivery.
With regards to the house, gather as much info and paperwork as you can and make an offer.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp |
| RHB |
Posted - 27 July 2013 : 13:17:04
It might have been best to delay spending more money on the house until the equity issue was sorted. Does your wife earn more than you and what has your money been spent on? Thought an OR might query no money for rent or mortgage? |
| Robert.dg |
Posted - 27 July 2013 : 10:02:52
Thanks Niobe. The trustee acting for the AiB seem very slow to deal with things eg took over a year before they contacted me regarding the house and that has only been one letter. I am in a payment arrangement with them so every six months they ask for income details which I have never sent and they have never chased. All seems very strange.
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| Niobe |
Posted - 27 July 2013 : 08:12:40
Hi and welcome to the forum.
It is possible that this could happen but have a chat with one of the experts that post on here - the advice is free and they will put you right.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
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